Borrowing in Mistissini, Quebec

A loan taken out in Mistissini is governed by Quebec's licensing rules, and the 2021 Census counted 3,731 people in the community.

The census figures for Mistissini

Statistics Canada's 2021 Census gives Mistissini a population of 3,731. The community covers 807.8 square kilometres of land.

That gives a density of 4.6 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 231 within this data set.

The place record for Mistissini covers 807.8 square kilometres and 3,731 residents, a density of 4.6 people per square kilometre.

The Quebec rules that apply

The body that licenses consumer lending in Quebec is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

For Quebec, the federal Payday Lending Regulations (SOR/2024-114) record that payday lending is not licensed, so the cost limit should be confirmed with the provincial regulator.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A mortgage is registered against the property, which is what gives the lender its claim. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

Readers comparing Mistissini with another community can use the same four census fields.

At 3,731 residents in the 2021 Census, Mistissini is listed alongside the other covered places in Quebec.

Mistissini is one of 1150 covered Quebec places, counted at 3,731 residents with a land area of 807.8 square kilometres.

The land area recorded for Mistissini is 807.8 square kilometres, and the population is 3,731 residents in the 2021 Census.

Where a figure for Mistissini could not be verified, the page names the publisher instead of printing a number.

Nothing on the Mistissini page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

For Mistissini, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Mistissini, 4.6 people per square kilometre, is calculated from the population and land area above.

Mistissini sits at rank 231 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Mistissini appears in the census record with 3,731 residents, and the density of 4.6 people per square kilometre follows from it.

Mistissini ranks 231 by 2021 Census population among the covered places in Quebec.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Where a figure could not be verified, the page names the publisher instead of printing a number.